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Apr 24, 2013
04/13
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, we just tax people. we have seen it before. fundamentally, there does need to be reform in washington, $100 billion a year in corporate welfare, crony capitalism that needs to be looked at money from th should be us used at the gren energy. neil: i we think we should drop all subsidies. >> this green energy stuff is crony capitalism. neil: just, get rid of them all, what do you think? >> neil, we're in middle of that, new tech is a government guaranteed lender, that program is worked for 53 years, this year because of the risk sharing between new tech and government a zero subsidy item. there are times where government, does play an active and important role. but -- >> that is a lendinga i'm talking about with a government assuming the role of propping up an stray, or providing -- a industry or providing tax break to give an advantage, i think whether it is oil, or solar or anything in between, stop it. >> government should not be in venture capital business. neil: us can be a little bit pregnant. >> wel
, we just tax people. we have seen it before. fundamentally, there does need to be reform in washington, $100 billion a year in corporate welfare, crony capitalism that needs to be looked at money from th should be us used at the gren energy. neil: i we think we should drop all subsidies. >> this green energy stuff is crony capitalism. neil: just, get rid of them all, what do you think? >> neil, we're in middle of that, new tech is a government guaranteed lender, that program is...
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Apr 22, 2013
04/13
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this is the internet tax we heard about for so long. would this make you less likely to shop on the internet? log on to facebook.co facebook.com/afterthebell, tell us what you think. we'll read your answer as little later this hour. ♪ . [ male announcer ] at his current pace, bob will retire whene's 153, which would be fine if bob were a vampire. but he's not. ♪ he's an architect with two kids and a mortgage. luckily, he found someone who gave him a fresh perspective on hisortfolio. and with some planning and effort, hopefully bob n retire at a more appropriate age. it's not rocket science. it's just common sense. from td ameritrade. liz: been a long time since we've seen a stock react like this in the after markets especially to the upside. take a look at shares of netflix, soaring after-hours following first-quarter earnings. we have back to nicole petallides. this is significant jump on very solid numbers. >> it is unbelievable to watch netflix after-hours on the move. we talked about a few things. let's first go over the numbers
this is the internet tax we heard about for so long. would this make you less likely to shop on the internet? log on to facebook.co facebook.com/afterthebell, tell us what you think. we'll read your answer as little later this hour. ♪ . [ male announcer ] at his current pace, bob will retire whene's 153, which would be fine if bob were a vampire. but he's not. ♪ he's an architect with two kids and a mortgage. luckily, he found someone who gave him a fresh perspective on hisortfolio. and...
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Apr 24, 2013
04/13
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six years the bank didn't foreclose and she was told she was liable for the taxes the whole time. gerri: oh my goodness. the other ramification is if you have one of these homes in your neighborhood it hurts everybody's fried. there is a depressive effect on the market. have you seen that play out? >> no question. in some areas that is playing out and what some consumer advocates are saying is this is discriminatory because a lot of the neighborhoods tend to be heavily minority populated, tend to be lower-income neighborhoods so that is the way that consumer advocates are trying to get at the bank for this because there's no actual law that prevents them from not foreclosing. gerri: you would think it is in their best interests to do that but it is not right now. how do you see this playing out? how long will it take banks to unload this stuff? finally get rid of it, get it off of the books so we can move on, one of the things keeping the housing market where it is. >> if hour recording shows this non foreclosure, the zombie homes or bank walk aways is quite recent and getting big
six years the bank didn't foreclose and she was told she was liable for the taxes the whole time. gerri: oh my goodness. the other ramification is if you have one of these homes in your neighborhood it hurts everybody's fried. there is a depressive effect on the market. have you seen that play out? >> no question. in some areas that is playing out and what some consumer advocates are saying is this is discriminatory because a lot of the neighborhoods tend to be heavily minority populated,...
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Apr 19, 2013
04/13
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already close at $10 million that is how much the businesses have raised in the wake of the boss said tax to help out the victims we will talk to ken feinberg to has already got a tough assignment and much more will be donated that is the nature to allocate the bp settlement funds and who is providing these funds? former mcdonald's usa ceo is here to remind us that big business is not always evil. but we thought we would cover the story because that is where the money is coming from. not exclusively but 90 percent has been coming from corporations and business titans to want to help particularly the family of this little boy who was killed in the attack but there are others similarly promised relief. >> it is said justin and generous country when our citizens and young people are under such terrific stress all of us pull together and put aside our differences to reach out to try to help. if you look at corporations over the years and decades or centuries mcdonald's mcdonald's, ronald mcdonald house, ford foundation, gates buffett foundation, a great men and women and corporations to suppo
already close at $10 million that is how much the businesses have raised in the wake of the boss said tax to help out the victims we will talk to ken feinberg to has already got a tough assignment and much more will be donated that is the nature to allocate the bp settlement funds and who is providing these funds? former mcdonald's usa ceo is here to remind us that big business is not always evil. but we thought we would cover the story because that is where the money is coming from. not...
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Apr 22, 2013
04/13
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ten-year strategy by the kochs to shift the nation to a smaller government with less regulation and taxes. now, that rattles folks like the editor-in-chief of the rap.com, a hollywood web site, who writes, quote: the koch brothers are known for having funneled multiple millions of dollars into right-wing political campaigns. this news should make anyone who cares about journalism nervous. well, i care about journalism, i'm not nervous. the chandler family founded the l.a. times in 1888 as a conservative newspaper, and never mind that no complaints were raised after reports that democratic billionaires ron burkle and ely broad were interested in buying "the new york times." there's that old saying that freedom of the press goes to the guy who owns one. the key point here isn't red or blue or politics, it's green -- money. tribune company just emerged from chapter 11, and while liberal pillars in hollywood are interested mainly in buying only the l.a. times, the koch brothers may bid to buy all eight tribune newspapers combined, and that could better insure their survival. liz? liz: well, y
ten-year strategy by the kochs to shift the nation to a smaller government with less regulation and taxes. now, that rattles folks like the editor-in-chief of the rap.com, a hollywood web site, who writes, quote: the koch brothers are known for having funneled multiple millions of dollars into right-wing political campaigns. this news should make anyone who cares about journalism nervous. well, i care about journalism, i'm not nervous. the chandler family founded the l.a. times in 1888 as a...
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Apr 16, 2013
04/13
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income tax. there are sneaky taxes that most of you may not even know about that. >> we pay them all day long from the moment i wake up and turn on the light. i pay more when i brush my teeth, license my dog, my building pays property taxes and when they leave home to take the subway i paid the metropolitan commuter one negative commuter tax. i make phone calls or get a bite to eat, soda and drink drink, when a gas up my car as much as one-quarter of the price is the state and city excise taxes. people pay sales taxes all day long. so many taxes. i need a drink. i am lucky i don't smoke. this is one reason american economic growth has stalled says scott hodge predent of the tax foundation. when i think of these rules i think of safety regulations and the constant spiderweb not the tax code. we have done okay with the tax code. >> the tax code is a mess because of the 70,000 pages that dictate virtually every aspect of our lives and cost americans 6 billion hours of our time just toomply. six out
income tax. there are sneaky taxes that most of you may not even know about that. >> we pay them all day long from the moment i wake up and turn on the light. i pay more when i brush my teeth, license my dog, my building pays property taxes and when they leave home to take the subway i paid the metropolitan commuter one negative commuter tax. i make phone calls or get a bite to eat, soda and drink drink, when a gas up my car as much as one-quarter of the price is the state and city excise...
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Apr 18, 2013
04/13
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raise taxes. again, i thought that was app example of the to littization of the bombing. >> you know, i say to all the people, both sides of the aisle, anybody else who wanted to do this, give it a rest. it's been a couple days. if you want to make that argument, and frapping's argument is well-taken, but given it a rest for the next couple weeks. let people grieve. let people do what they need to do, and if you want to argue about funding first responders, the sequester, do it later. i don't like, you know, i was in washington for 9/11, and i actually never talk about this, but evacuated with the united states senate, and spent a day with our senators, very few staffers, saw them in the natural environment without handlers for lack of a better word, and they came together. i don't think the american people understand that they really did in the privacy of just them, with few staffer around, they really came together, and there was no partisanship. i want to see that again. >> i agree. i would --
raise taxes. again, i thought that was app example of the to littization of the bombing. >> you know, i say to all the people, both sides of the aisle, anybody else who wanted to do this, give it a rest. it's been a couple days. if you want to make that argument, and frapping's argument is well-taken, but given it a rest for the next couple weeks. let people grieve. let people do what they need to do, and if you want to argue about funding first responders, the sequester, do it later. i...
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Apr 22, 2013
04/13
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sales tax jurisdictions across the u.s. you will also be audited by out-of-state tax collectors. that is just wrong and unnecessary for year. speak they really want a level playing field. peter: states say this legislation could help them collect $23 billion a year in additional tax revenue. california alone could pull in an extra $4 billion a year. the fire right now is really over an exemption for small online retailers. ebay, however, is pushing for an exemption of 10 million or 50 employees. lori. lori: both sides make a vital argument. peter: this got a test vote in the senate earlier this year. it got 75 votes on a pretty bipartisan basis. this legislation faces stronger opposition in the house from anti-tax. lori: thank you, peter barnes. melissa: crying wolf. former department of transportation inspector says it is just another example of shoddy management. she joins us ahead. lori: a look at the breakdown. you do have shares in the right here. microsoft and caterpillar leading the dow. we will be back right after t
sales tax jurisdictions across the u.s. you will also be audited by out-of-state tax collectors. that is just wrong and unnecessary for year. speak they really want a level playing field. peter: states say this legislation could help them collect $23 billion a year in additional tax revenue. california alone could pull in an extra $4 billion a year. the fire right now is really over an exemption for small online retailers. ebay, however, is pushing for an exemption of 10 million or 50...
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Apr 23, 2013
04/13
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10 years through a series of limits on tax breaks, a tax on the banking industry and new estate taxes. now the tpc estimates that 86% of additional taxes in 2015 will be paid by those earning over $200,000. the president's budget proposal plans on also raising the tax on cigarettes. 94 cents more per pack. the tpc says that the higher cigarette tax will affect low and moderate income families as they are more likely to smoke than higher income earners. there you go. i don't smoke but a pack of cigarettes, my gosh. tracy: a lot of money. ashley: a lot of money. tracy: a sneaky way to get more money out of you because they push you to higher brackets quicker. ashley: yeah. tracy: sneaky. a new on line sales tax expected to clear the senate. could it face a tough battle in the house? we'll have details on that next. ashley: a bogus tweet claiming president obama injured in a white house, explosion sending stocks plunging. we have the latest from washington to wall street. first let's take a look at latest winners and losers as we head to break. @ menaced the close, let's go to the f
10 years through a series of limits on tax breaks, a tax on the banking industry and new estate taxes. now the tpc estimates that 86% of additional taxes in 2015 will be paid by those earning over $200,000. the president's budget proposal plans on also raising the tax on cigarettes. 94 cents more per pack. the tpc says that the higher cigarette tax will affect low and moderate income families as they are more likely to smoke than higher income earners. there you go. i don't smoke but a pack of...
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Apr 17, 2013
04/13
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david: by the way, the government shouldn't be the one -- it is all those taxes. most of the extra charges seem to be these little nickel and dime taxes that they charge you. that is from the government. the government is not going to solve the problem. the government is part of the problem anyway. lori: i don't know, peter. i think your cell phone bill must be so high you can't afford a razor. david: oh. it is 5:00. he has a 5:00 shadow. lori: he has more than that. >> i'm going to shave right now. lori: thank you. i have an app for that. david: just because he arrives at 3:00 a.m. every morning and doesn't have a chance it shave. lori: i couldn't resist. [laughter] david: oh, lord. >> my shaving app. my shaving app. david: thanks a lot, peter. lori: it can drain your wallet. we'll tell you about a $40,000 cocktail. that will set you back. david: we asked you whether or not you thought apple would regain its mojo. we'll read some of your responses coming up next. ♪ . my mantra? trust your instincts to make the call. to treat my low testosterone, my doctor and i
david: by the way, the government shouldn't be the one -- it is all those taxes. most of the extra charges seem to be these little nickel and dime taxes that they charge you. that is from the government. the government is not going to solve the problem. the government is part of the problem anyway. lori: i don't know, peter. i think your cell phone bill must be so high you can't afford a razor. david: oh. it is 5:00. he has a 5:00 shadow. lori: he has more than that. >> i'm going to shave...
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Apr 24, 2013
04/13
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jimmy fallon, new york loves you so much you get a $20 million tax break. hollywood reporters says the tonight show gets a break when it passes from leno to fallon and taping moves to new york from l.a. in 2014 to help profits down below 40 million a year, down from 150 million a few years ago. cheryl? cheryl: oil is on the rise crossing the $90 mark. sandra smith is in the pits of the cme a watching contracts and more. sandra? >> hey, cheryl. it's been a huge couple weeks for commodities. volatility and volume as well. looking at the crude oil contract, back above $90 a barrel, and the most active front month contracts above $91 a barrel. nearly a $2 gain on the session. there's a couch l things at -- couple things at work. ubs, royal bank of scotland, they are increasing speculation in the marketplace that the european central bank is goong to cut its key interest rate to a record low. you have speculators buying up crude oil based on those reports, but you also got some fundamentals kicking in here. you got a report out from the government this morning s
jimmy fallon, new york loves you so much you get a $20 million tax break. hollywood reporters says the tonight show gets a break when it passes from leno to fallon and taping moves to new york from l.a. in 2014 to help profits down below 40 million a year, down from 150 million a few years ago. cheryl? cheryl: oil is on the rise crossing the $90 mark. sandra smith is in the pits of the cme a watching contracts and more. sandra? >> hey, cheryl. it's been a huge couple weeks for...
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Apr 24, 2013
04/13
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moving op to tax reform. senator baucus will not stand for relix devoting the next 18 months in the senate, a powerful guy, chairman of the senate finance committee, pushing for tax reform, lower rates, fewer deductions. that's terrific. a shot of tax reform. your comment on that? >> well, i hope that's true. i wish him a happy and enjoyable life, created the affordable care act, but i hope he works hard on tax reform. if we get rid of the special interest deductions, those buried in the tax code, we'll have higher economic growth, more job, and a tax code that is simper and fairer for everyone in america. >> you are critical of senator baucus even though he said the other week the implementation of obamacare was a train wreck, his words. you're critical of the senator. >> well, senator baucus is the one who is largely responsible for the american people suffering under the affordable care agent right now. i mean, we're months from implementation. it really is a 0 # -- 2014-15 program, and the outrageousness
moving op to tax reform. senator baucus will not stand for relix devoting the next 18 months in the senate, a powerful guy, chairman of the senate finance committee, pushing for tax reform, lower rates, fewer deductions. that's terrific. a shot of tax reform. your comment on that? >> well, i hope that's true. i wish him a happy and enjoyable life, created the affordable care act, but i hope he works hard on tax reform. if we get rid of the special interest deductions, those buried in the...
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Apr 21, 2013
04/13
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we know this president is raising taxes and wants to continue raising taxes. we have an unemployment crisis in this country. i think a lot of people are reading through the president saying, he's looking for an excuse to get riled up and earn money. >> the question is, are they working on jobs and the economy? it appears that's what people want them to do. corey rothman, steve sigmund, sherry jacobus, thank you all very much. >> thank you. >>> coming up, what happened to the economy in the month of march? was it a temporary slump? or a warning of thin >>> the month of march saw a big slump in economic indicators. like retail sales, consumer confidence all slipping. was march just an air pocket, a blip, or is the economy slowing down again? joining me now is financial economist lindsay and brian westberry. lindsay, we've had these green shoots pop up in the first part of every year for four or five years. and then they go away. is this another sign of that? >> there's certainly no doubt january and february were quite robust. now we're starting to see weakness
we know this president is raising taxes and wants to continue raising taxes. we have an unemployment crisis in this country. i think a lot of people are reading through the president saying, he's looking for an excuse to get riled up and earn money. >> the question is, are they working on jobs and the economy? it appears that's what people want them to do. corey rothman, steve sigmund, sherry jacobus, thank you all very much. >> thank you. >>> coming up, what happened to...
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Apr 22, 2013
04/13
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tax only charges $0.15 for the gas tax. number to. wyoming. $0.14 gas tax help this state have overall prices $3.33 a gallon. number one states is alaska's only $0.8 on a gallon goes to the government but has the second-highest price only be high range hawaii. the highest gas tax is due york 77-gallon. the whole world is like that with new york. more on unions to infiltrate the charter schools and we bring the latest, the boston bombings and lou dobbs gives us his take. @ at od, whatever business you're in, that's the business we're in. with premium service like one of the best on-time delivery records and a low claims ratio, we do whatever it takes to make your business our business. od. helping the world keep promises. gerri: charges filed in the boston and bombing the 90 killed has been charged with conspiracy to use a weapon of mass destruction and mirandize. it carries a possible death sentence he is still in a hospital in serious condition. the white house decided to try him in a federal court system instead of t
tax only charges $0.15 for the gas tax. number to. wyoming. $0.14 gas tax help this state have overall prices $3.33 a gallon. number one states is alaska's only $0.8 on a gallon goes to the government but has the second-highest price only be high range hawaii. the highest gas tax is due york 77-gallon. the whole world is like that with new york. more on unions to infiltrate the charter schools and we bring the latest, the boston bombings and lou dobbs gives us his take. @ at od, whatever...
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Apr 22, 2013
04/13
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we know this president is raising taxes and wants to continue raising taxes. we have an unemployment crisis in this country. i think a lot of people are reading through the president saying, he's looking for an excuse to get riled up and earn money. >> the question is, are they working on jobs and the economy? it appears that's what people want them to do. corey rothman, steve sigmund, sherry jacobus, thank you all very much. >> thank you. >>> coming up, what happened to the economy in the month of march? was it a temrary slump? with the spark miles card from capital one, bjorn earns unlimited rewas for s small business take theseags to room 12 please. [ garth ] bjors small busiss earns double miles on every purchase every day. produce delivery. [ bjorn ] just put it on my spark card. [ garth why settle for less? ahh, oh! [ garth ] great businesses deserve limited reward here your wake up call. [ male announcer ] get the spark business card from capital one and earn unlimited rewards. choose double miles or 2% cash back on every purchase every day. what's in y
we know this president is raising taxes and wants to continue raising taxes. we have an unemployment crisis in this country. i think a lot of people are reading through the president saying, he's looking for an excuse to get riled up and earn money. >> the question is, are they working on jobs and the economy? it appears that's what people want them to do. corey rothman, steve sigmund, sherry jacobus, thank you all very much. >> thank you. >>> coming up, what happened to...
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Apr 23, 2013
04/13
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tax only charges $0.15 for the gas tax. number to. wyoming. $0.14 gas tax help this state have overall prices $3.33 a gallon. number one states is alaska's only $0.8 on a gallon goes to the government but has the second-highest price only be high range hawaii. the highest gas tax is due york 77-gallon. the whole world is like that with new york. more on unions to infiltrate the charter schools and we bring the latest, the boston bombgs and lou dobbs gives us his take. at tyco integrated security, we consider ourselves business optimizers. how? by building custom security solutions that integrate video, access control, fire and intrusion protection. all backed up with world-class monitoring centers, thousands of qualified technicians, and a personal passion to help protect your business. when your business is optimized like that, we are tyco integrated security. and we are sharper. hey everybody, hi mom... streaming live with a tour of my new place... knowg you can still reach out. ... and now you've seen it. that's powerful
tax only charges $0.15 for the gas tax. number to. wyoming. $0.14 gas tax help this state have overall prices $3.33 a gallon. number one states is alaska's only $0.8 on a gallon goes to the government but has the second-highest price only be high range hawaii. the highest gas tax is due york 77-gallon. the whole world is like that with new york. more on unions to infiltrate the charter schools and we bring the latest, the boston bombgs and lou dobbs gives us his take. at tyco integrated...
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Apr 20, 2013
04/13
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eye 56
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we know this president is raising taxes and wants to continue raising taxes. we have an unemployment crisis in this country. i think a lot of people are reading through the president saying, he's looking for an excuse to get riled up and earn money. >> the question is, are they working on jobs and the economy? it appears that's what people want them to do. corey rothman, steve sigmund, sherry jacobus, thank you all very much. >> thank you. >>> coming up, what happened to the economy in the month of march? was it a temporary slump? or a warning of things to come? for singing definitely dry mouth has been a problem for me. but i'm also oa lot of medications that dry my mouth out. i just drank tons of water all the time. was never enough. i wasn't sure i was going to be ab to continue singing. i saw my ntist and he suggested biotene. it feels refreshing. my mouth felt moreubricated. i use the biotene rinse twice a day d then i use the y throughout the day. it actually saved my career in a way. because biotene really did make a difference. >>> the month of march s
we know this president is raising taxes and wants to continue raising taxes. we have an unemployment crisis in this country. i think a lot of people are reading through the president saying, he's looking for an excuse to get riled up and earn money. >> the question is, are they working on jobs and the economy? it appears that's what people want them to do. corey rothman, steve sigmund, sherry jacobus, thank you all very much. >> thank you. >>> coming up, what happened to...
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Apr 20, 2013
04/13
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pat enof advocating more tax increases on top of the $1.7 trillion in tax increases we have see. not maing decisions we have to make to get out of control spending, under control and the turn-around the unsustainable deficit and debt. it ones massive budget deficits in the future. >> lou: we have watched continuing resolution after continuing resolution take over what has been the traditional roll of the budget. are we to see another round of continuing resolutions as a result of the blueprint, the president decided to advance 65 days after it was due? >> i think we may well. the president made a decision not to submit a budget while e senate is considering a budget despite he is legally required to do so. part of the reason that we have seen government by continuing resolution is that congress has not been doing its job. passing appropriation bills and making the hard decisions, that all of us are elected to decide. i don't think it's a particularly conservative philosophy. they want to live within your means and not want to bankrupt the count. up fortunately, for the last four
pat enof advocating more tax increases on top of the $1.7 trillion in tax increases we have see. not maing decisions we have to make to get out of control spending, under control and the turn-around the unsustainable deficit and debt. it ones massive budget deficits in the future. >> lou: we have watched continuing resolution after continuing resolution take over what has been the traditional roll of the budget. are we to see another round of continuing resolutions as a result of the...
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Apr 23, 2013
04/13
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how many pay taxes? we don't know. how many will pay taxes if they get jobs? how much will they pay in taxes? we don't know. what is the real cost of illegal immigration to the u.s.? the real cost? hohonest square, accounting? what is this answer. what are those illegal immigrants paying in taxes and providing in the way of services to others in this country, some are i imencely productive? what is the cost of the jobs they hold, is there no cost? is it true they only work in industries where americans don't top work. this that is find just give us an answer, do we as a nation make money? do we benefit? do we prosper because of illegal immigration. you hear everyone say we're a nation of immigrants, why don't they say a nation of illegal immigrants? the questions go on and on, is the path to citizenship appropriate? is it good or bad for the economy? it is good for american society. the real question becames after 10 years of debating this issue, why in the world don't we havv tse answers? that's the big question. if you have been watching politics, and washin
how many pay taxes? we don't know. how many will pay taxes if they get jobs? how much will they pay in taxes? we don't know. what is the real cost of illegal immigration to the u.s.? the real cost? hohonest square, accounting? what is this answer. what are those illegal immigrants paying in taxes and providing in the way of services to others in this country, some are i imencely productive? what is the cost of the jobs they hold, is there no cost? is it true they only work in industries where...
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Apr 23, 2013
04/13
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the kind of tax reform we had in 1986 where you eliminate tax references and you lower rates. president obama has tended to be against lowering rates. he wants to raise rates on high income earners. but you've got an interesting situation now. senator, the chairman of the senate finance committee, the ranking democrat now since someone has announced he's not going to run for re-election in 2014. that gives him pretty much a free hand to try to fashion some kind of tax reform if he wants to do it in cooperation with the ranking republican on that committee. i think that it is within the realm of possibility that these two could do that. dave camp, the republican chairman of the house weighs and means committee has been working on the tax reform. we've seen on immigration, the president is leading from behind. he's the opposite of l.b.j. who insisted that congress pass his law without changing a comma. president obama doesn't have much in the way of recommendations. so it's possible, i think, not likely but possible that we could see serious moves towards tax reform. dagen: keep
the kind of tax reform we had in 1986 where you eliminate tax references and you lower rates. president obama has tended to be against lowering rates. he wants to raise rates on high income earners. but you've got an interesting situation now. senator, the chairman of the senate finance committee, the ranking democrat now since someone has announced he's not going to run for re-election in 2014. that gives him pretty much a free hand to try to fashion some kind of tax reform if he wants to do...
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Apr 22, 2013
04/13
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eye 55
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cheryl: more tax pain. legislation to boost internet sales taxes. peter barnes is standing by. >> i think the last 20 years, cheryl. this legislation has led to a titanic lobbying battle between brick-and-mortar retailers and many internet retailers led by ebay. it appears that it finally passed congress this year. in part because so many states need the revenue so badly. it means you would be required to collect sales taxes nationwide from no more than 9600 tax jurisdictions across the u.s. for brick-and-mortar retailers, we have an app for that. >> they will provide for software from the states to help small businesses comply. we think that online marketplaces like ebay could also serve this function. therefore, we think it would be reasonably easy for many businesses to comply with this law. peter: states say this legislation could help collect $23 billion. california alone could pull in an extra $4 billion a year. the fight right now is really over an exemption small online retailers. ebay is pushing for an exemption of under 10 million or 50 em
cheryl: more tax pain. legislation to boost internet sales taxes. peter barnes is standing by. >> i think the last 20 years, cheryl. this legislation has led to a titanic lobbying battle between brick-and-mortar retailers and many internet retailers led by ebay. it appears that it finally passed congress this year. in part because so many states need the revenue so badly. it means you would be required to collect sales taxes nationwide from no more than 9600 tax jurisdictions across the...
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Apr 18, 2013
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and the president who accuse someone by the name of mitt romney of not paying his taxes. by golly, they get away with it. at some point here facts are going to begin to matter to the american people. your nose? maybe, maybe, just maybe we were right. now, when the president calls on citizens who want to preserve their constitutional rights and the nra lyres, i think we're getting pretty close to the point. i think if you try much harder, mr. president, we will get there. when things get crazy they get crazier. and elvis impersonator arrested. "dobbs law" next. disappointing economic reports and earnings driving the market's lower. a former ceo of the dnc, john allison's eyes this to tell us what it means. the gang of eight makes its pitch for emigration reforms. the secretary of state, chris go back tells us why it is just one big, bad idea. ♪ are you still sleeping? just wanted to check and make sure that we were on schedule. the first technology of its kind... mom and dad, i have great news. is now providing answers families need. siemens. answers. @ you know it
and the president who accuse someone by the name of mitt romney of not paying his taxes. by golly, they get away with it. at some point here facts are going to begin to matter to the american people. your nose? maybe, maybe, just maybe we were right. now, when the president calls on citizens who want to preserve their constitutional rights and the nra lyres, i think we're getting pretty close to the point. i think if you try much harder, mr. president, we will get there. when things get crazy...
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Apr 17, 2013
04/13
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the irs says boston taxpayers will be granted extensions on their tax returns. every little bit helps. that is my "2 cents more." a great night and we will see rebecca tomorr evening. ♪ lou: lou: good evening and thank you for being with us. details tonight emerging about yesterday's horrific terrorist attack and the boston marathon. the two exploons on boils some street wounded 176 by standards. three people killed. martin richard lost his life in thexplosion that also left his brother and sister critically wounded. waiting by the finish line to hug his father and to congratulate him for finishing a marathon. 29-year-old crystal campbell also killed in the attack after adding to the finish line to take a picture of a friend was completing the race. the third victim has now been identified as a graduate student from boston university, but her name has not been released pending notification of next of kin. seventeen other victims tonight remain in critical condition. some have lost limbs or arms, many have suffered severe injuries ttheir legs. doctor operated t
the irs says boston taxpayers will be granted extensions on their tax returns. every little bit helps. that is my "2 cents more." a great night and we will see rebecca tomorr evening. ♪ lou: lou: good evening and thank you for being with us. details tonight emerging about yesterday's horrific terrorist attack and the boston marathon. the two exploons on boils some street wounded 176 by standards. three people killed. martin richard lost his life in thexplosion that also left his...
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Apr 16, 2013
04/13
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that's like a tax on everything we do. it's not a productive activity. >> i felt it coming into manhattan today. there were more police officers at the bridges and tunnels, people were pulled over on the side of the roads checking cars. took me a long time to get here today because of that. that's out of pocket. >> yeah, it's money. it's time. you spend more time in transitions between home and work, on travel, and think in the past decade of the amount of money this country spent on making people safe. that's an important endeavor in and of itself, but that's not hiring people or investing in new technology. that's not growth. that's a cost. >> after 9/11, or in 2011, we were just on the precipice of the economy turning, and then 9/11 hits. >> 9/11 hits, the recession, people remember that. that was the first of the jobless recoveries. think back. it took a long time. it was during that period we were trying to build a regulatory apparatus to make people safe, a physical app apparatus, and it's not a coincidence we had a
that's like a tax on everything we do. it's not a productive activity. >> i felt it coming into manhattan today. there were more police officers at the bridges and tunnels, people were pulled over on the side of the roads checking cars. took me a long time to get here today because of that. that's out of pocket. >> yeah, it's money. it's time. you spend more time in transitions between home and work, on travel, and think in the past decade of the amount of money this country spent...
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Apr 17, 2013
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let's juice up and give us tax decreases and tax cuts. do you think that's going to happen? >> i do, i'm optimistic and have always been, but in 2014, i think we'll take the senate and in 2016, the presidency and it doesn't have to be a republican. it can be a jack kennedy democrat and low rate, flat tax, you know, spending restraint and we can get sound money, free trade, mineral regulation and get the heck out of the way and the way that thatcher did and kennedy did and bill clinton did. this is what we need. >> look, i couldn't agree with you more, i do believe that's exactly what we need. and you think that that will be the expectation for the future. >> yes. >> and the stock market will go up early or middle of next year, because it expects that to happen? >> i think so. i mean, you really, unfortunately in this wonderful economy of ours, i love margaret thatcher's speech she said socialism a wonderful until you run out of other people's money to spend. the truth of the matter is we've run out of other people's money to spend. the party is gone and economy is in terribl
let's juice up and give us tax decreases and tax cuts. do you think that's going to happen? >> i do, i'm optimistic and have always been, but in 2014, i think we'll take the senate and in 2016, the presidency and it doesn't have to be a republican. it can be a jack kennedy democrat and low rate, flat tax, you know, spending restraint and we can get sound money, free trade, mineral regulation and get the heck out of the way and the way that thatcher did and kennedy did and bill clinton...
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Apr 24, 2013
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there is 10,000 different tax enties or and taxing units within this country. how do the small business figure out to comply with a law they might have to send sales tax revenue to chief lapped, cuyahoga county, state of ohio? it sounds incredibly complicated and incredibly expensive for that business? >> that talking point comes out of 1992 supreme court decision points out complexity with dealing with all the different tax jurisdictions. in 20th century there is app for that. we think technology can solve most of the problems efficiently and quickly. most online marketplaces like ebay already serve to collect sales tax from their local small, their small sellers online. adam: but ebay is ale opposed to legislation. they want the cap raised to $10 million in sales annually. i'm curious. anyone ever said how much it would cost a business, let's say around 900,000 in revenue to comply or buy the app or get software that would allow them to be compliant? >> most recent study i saw from 2006. technology is solving those problems and we don't think the cost numbers
there is 10,000 different tax enties or and taxing units within this country. how do the small business figure out to comply with a law they might have to send sales tax revenue to chief lapped, cuyahoga county, state of ohio? it sounds incredibly complicated and incredibly expensive for that business? >> that talking point comes out of 1992 supreme court decision points out complexity with dealing with all the different tax jurisdictions. in 20th century there is app for that. we think...
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Apr 19, 2013
04/13
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>> well, i mean, so much for disgruntled tax filers irresponsible for your will attack. you know, this opens a single to all sorts of investigations. right now obviously there is a major effort not just ride on the ground in the immediate boston regional area, but now you are looking at the jets' new head, you're looking at the extent to which this was deployed from the outside. and to the extent to which there are supports or a support structure internally your that allow for this attack to take place. connell: two brothers are less to be a part of this, one that was killed and the other that is said to be 19 years old and still at large. you mentioned their background, the fact that there are originally from chechnya. they came here, we think, in 2002 and three, some are in an area. is it possible that they just acted alone? working together as brothers? is it more likely from your experience of the years that they did have some support from the outside, or read my be. >> you know, is suspect gillette to let this point, but if i had to put my chest down on a table i wa
>> well, i mean, so much for disgruntled tax filers irresponsible for your will attack. you know, this opens a single to all sorts of investigations. right now obviously there is a major effort not just ride on the ground in the immediate boston regional area, but now you are looking at the jets' new head, you're looking at the extent to which this was deployed from the outside. and to the extent to which there are supports or a support structure internally your that allow for this attack...
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Apr 17, 2013
04/13
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payroll tax, gas two things affect my wallet. adam: they're looking backwards. you have oil below $88 a barrel. tracy: i haven't felt that. adam: hopefully we'll feel it soon. tracy: we have stocks selling off, down about 19 points. the vix also known as the wall street fear index is soaring. let's head down to nicole petallides on the floor of the exchange. the vix will tell you what will happen 30 days from now, right? it is a gauge of the future. that means we're nervous about the future. >> that's exactly right. what it does it takes into account the volatility and fear in the market over the 30 days ahead for the s&p 500. that's exactly what we're seeing here today. we're seeing it at a level of 1 d. it was up over 24% earlier today. we're certainly seeing the volatility here on wall street. we have really seen that just this week alone. on monday we were down 265 points. yesterday we gained only to pull back again today and take out monday's lows. we're seeing broad based selling across the board. the more economically sensitive sectors are the ones gettin
payroll tax, gas two things affect my wallet. adam: they're looking backwards. you have oil below $88 a barrel. tracy: i haven't felt that. adam: hopefully we'll feel it soon. tracy: we have stocks selling off, down about 19 points. the vix also known as the wall street fear index is soaring. let's head down to nicole petallides on the floor of the exchange. the vix will tell you what will happen 30 days from now, right? it is a gauge of the future. that means we're nervous about the future....
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Apr 18, 2013
04/13
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show me something and also the outlooks are all netive because the sequester, payroll tax cut that went away, all that stuff, melissa is factoring i think what is happening in these companies to where mark's point, yeah they have all run up and now we're starting to say the cows are coming home and we don't have true eaings growth, the top-line growth that we need. melissa: lance, that is absolutely right. that is the theme we hear again and ain, they can't grow the top line because the economy isn't supporting that. what do you do? how do you respond to that? how do you protect your money? >> well the thing is you have to understand, actually mark hit on a great point, since 2009 revenuesnly grown by about 7% of the earnings have grown by almost 230%. the disparity's come from things like stock buybacks, accounting gimmickry in terms when do we account for stuff and when we don't. and so what drives corporate growth in the stock markets over the long term is that top line revenue, sales. that's what we node to see. that is what --. melissa: lance, i know that, tell me how do i protect
show me something and also the outlooks are all netive because the sequester, payroll tax cut that went away, all that stuff, melissa is factoring i think what is happening in these companies to where mark's point, yeah they have all run up and now we're starting to say the cows are coming home and we don't have true eaings growth, the top-line growth that we need. melissa: lance, that is absolutely right. that is the theme we hear again and ain, they can't grow the top line because the economy...
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Apr 24, 2013
04/13
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those industries are likely to stay in the shadows for a significant degree, as we will not get the tax revenue. federal government will be wasting money going after users and producers, and it needs the federal government to change the policy. adam: let me ask you to two questions as we wrap up. where do you stop? the legalize heroin, amphetamines? this is the kind of argument you will hear. >> my own view is all those you mentioned for similar reasons. it does not seem to be very effective, and so we would be much better off spending that money on other things whether it is on treatment, whether it is on information or just on rebates and the taxpayer, if we are not changing people's behaviors with all of that expenditure, it is a stupid waste of money. i hope my study gets people to think about the issue but also to think about the other issues of legalization, what about the personal liberty argument, why should the government interfere with what individuals are doing even if it is harmful to themselves if they are not harming other people and most are not harming other people, it i
those industries are likely to stay in the shadows for a significant degree, as we will not get the tax revenue. federal government will be wasting money going after users and producers, and it needs the federal government to change the policy. adam: let me ask you to two questions as we wrap up. where do you stop? the legalize heroin, amphetamines? this is the kind of argument you will hear. >> my own view is all those you mentioned for similar reasons. it does not seem to be very...
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Apr 18, 2013
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it will eliminate your monthly mortgage payments and give you tax-free cash from the equity in your home. and here's the best part -- you still own your home. take control of your retirement today. ♪ ♪ we don't let frequent heartburn come between us and what we love. so if you're one of them people who gets heartburn and then treats day afr day... block the acid with prilosec otc and don't get heartburn in the first place! [ male announcer ] e pill eachmorning. 24 hours. zero heartbur you are gonna need a wingman. and my cash back keeps the party going. but my airline miles take it worldwide. [ male announcer ] it shouldn't be this hard. with creditcards.com, it's easy to search hundreds of cards and apply online. creditcards.com. shoot. now with the share everything plan from verizon, connect your camera, along with your smartphone and tablet. all your devices connected by one simple plan on the powerful network. record video. connect more. so you can do more. the share everything plan from verizon. add additional devices like the samsung galaxy camera for $5 monthly access. melissa
it will eliminate your monthly mortgage payments and give you tax-free cash from the equity in your home. and here's the best part -- you still own your home. take control of your retirement today. ♪ ♪ we don't let frequent heartburn come between us and what we love. so if you're one of them people who gets heartburn and then treats day afr day... block the acid with prilosec otc and don't get heartburn in the first place! [ male announcer ] e pill eachmorning. 24 hours. zero heartbur you...
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Apr 19, 2013
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increase, at the payroll tax. so, these issues we have to get through. i don't think they're major but they are headwinds. now we've got a lot of people thinking about what happened last year. down 3% in the second quarter. people wanted to buy in the market started to dip. wait a minute. this may be more significant. the fact of matter, as he have yesterday, 7% of the companies that reported earnings beat estimates. whether the estimates were poor estimate, weak estimates. the fact of the matter as long as data remains relatively, weak, not strong, muddled through the fed will be a long way as way from ending its quantitative easing. the other thing we havv to pay attention to which i think gives us a lot of upside potential is that what's happening in japan is nothing less than significant. and we need to pay attention to the yen. tracy: so let's first finish with the united states because i know you are hot on the yen. you've talked about it last time you were here. that means based on what you're say, second q
increase, at the payroll tax. so, these issues we have to get through. i don't think they're major but they are headwinds. now we've got a lot of people thinking about what happened last year. down 3% in the second quarter. people wanted to buy in the market started to dip. wait a minute. this may be more significant. the fact of matter, as he have yesterday, 7% of the companies that reported earnings beat estimates. whether the estimates were poor estimate, weak estimates. the fact of the...